SBD/14/Facilities Venues

STATE OF THE ARENA: AMERICA WEST ARENA

     THE SPORTS BUSINESS DAILY has profiled the facilities of the
NFL since October.  Today, we begin to examine the infrastructure
of the NBA and the NHL with a profile of the America West Arena,
host of the 1995 NBA All-Star Weekend, our first of 44
facilities.
STADIUM: America West Arena, Phoenix, AZ.
TENANTS: Home of the Suns, AFL Rattlers, CISL Sandsharks(both owned by the Suns).
AGE: Opened June 1, 1992.
OWNERSHIP: Owned by the City of Phoenix.
MANAGEMENT: Managed by Phoenix Arena Development Limited Partnership.
COST: $90 million — city contributed $35M through the sale of bonds, Phoenix Arena Development Limited Partnership (PADLP), a division of the Suns contributed the rest.
CAPACITY: 19,023 for basketball.
LUXURY SEATS: 88 suites which accommodate up to 22 guests. Sunsoperate and manage the suites.
NAMING RIGHTS: America West Airlines paid $24M for 30-year namingrights.
CONCESSIONS: Restura, a division of Dial Corp., handlesconcessions. Team receives 40% of concessionrevenue, city receives 60%.
ADVERTISING: Suns handle all advertising. City receives 60% ofrevenue, team receives 40%.
PARKING: 900 space garage managed by PADLP — 1,500 spacegarage next door owned by city, 11,000 parkingspaces within an 8 minute walk.
GAME-DAY: Personnel paid for by the Suns.
LEASE: 40-year agreement. Suns will manage and operatefacility throughout.
MAINTENANCE: Paid for through a renewal fund.
RENT: $500,000 a year with a clause for increased revenue.
(Source: Debra Stevens, America West Arena Director of PR).
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Related Topics:

AFL, Facilities, NBA, NFL, NHL, Phoenix Suns

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